Ceres Power Regulatory News (CWR)

2 Apr 2007 14:54

Ceres Power Holdings plc02 April 2007 Ceres Power Holdings plc (the "Company") Director / PDMR shareholding The Company was informed on 30 March 2007 that Dr. Brian Count, a non-executivedirector of the Company who joined the board on 2 March 2007, purchased 50,000Ordinary Shares ("Shares") of 5p each at 230p per share on 30 March 2007,representing approximately 0.1% of the Company's total issued share capital. In addition and in accordance with the terms of the service agreement betweenDr. Count and the Company, under which he will receive his fees as anon-executive director in the form of new Shares in the Company, the Company hasissued 2,543 new Shares of 5p each to him in respect of his first three monthsservice. Dr. Count will be issued further new Shares under this agreement on aquarterly basis going forward. Dr. Count's total holding in the Company is now 52,543 Shares of 5p each,representing approximately 0.1% of the Company's total issued share capital. In respect of the Shares issued to Dr. Count, application will be made for 2,543new Shares to be admitted to trading on AIM and admission is expected to occuron 11 April 2007. This information is provided by RNS The company news service from the London Stock Exchange